Where is inflation going? Thoughts on this please. I know if we knew the answers to this kind of question, we'd be very rich, but ideas welcome.
Late next month I have a maturing NS&I inflation linked bond. It was
RPI +1%. I can renew for 3 or 5 years at RPI+0.05% tax free.
These were a great investment during the crash, but became terrible
when inflation dipped towards zero.
I expect more inflation if labour win.
~3% for 5 years is available from some of the smaller banks, but
taxable unless I use my ISA allowance.
I already intend to make my max SIPP contribution from other funds.
As these RPI+ x funds are no longer available from NS&I for new
investors, it may be worth keeping some.
I'm thinking maybe keep half for 3 years, and half into an ISA UK bond
- posted 4 years ago